As of 5 May 2024, the Japanese Yen to US Dollar exchange rate stands at USD 153.06 for both buying and selling rates in the open market. This rate is subject to fluctuations due to global supply and demand dynamics.
For individuals or businesses involved in currency exchange, understanding the current exchange rate is crucial for making informed decisions. By keeping track of the JPY to USD exchange rate, one can potentially secure the best possible conversion rate.
Here is a snapshot of the exchange rates for Japanese Yen against other major currencies:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| Australian Dollar (AUD) | 1.51 | 1.51 |
| British Pound (GBP) | 0.80 | 0.80 |
| Canadian Dollar (CAD) | 1.37 | 1.37 |
| Chinese Yuan (CNY) | 7.24 | 7.24 |
| Euro (EUR) | 0.93 | 0.93 |
| Japanese Yen (JPY) | 153.06 | 153.06 |
| New Zealand Dollar (NZD) | 1.66 | 1.66 |
| Swiss Franc (CHF) | 0.91 | 0.91 |
It is important to note that open market currency exchange rates may differ from those offered by banks, with banks typically charging higher rates. Keeping an eye on inter-bank currency rates can provide valuable insights into the currency market.
For the latest updates on currency exchange rates, individuals can refer to the country's top currency rates portal, which offers real-time information on exchange rates. Staying informed about exchange rate movements can help individuals and businesses make informed decisions when converting currencies.
